Akamai Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Akamai Technologies has a total shareholder equity of $4.6B and total debt of $3.5B, which brings its debt-to-equity ratio to 77%. Its total assets and total liabilities are $9.9B and $5.3B respectively. Akamai Technologies's EBIT is $707.3M making its interest coverage ratio -25.7. It has cash and short-term investments of $864.4M.
Key information
77.0%
Debt to equity ratio
US$3.54b
Debt
Interest coverage ratio | -25.7x |
Cash | US$864.44m |
Equity | US$4.60b |
Total liabilities | US$5.30b |
Total assets | US$9.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0HBQ's short term assets ($1.8B) exceed its short term liabilities ($836.0M).
Long Term Liabilities: 0HBQ's short term assets ($1.8B) do not cover its long term liabilities ($4.5B).
Debt to Equity History and Analysis
Debt Level: 0HBQ's net debt to equity ratio (58.2%) is considered high.
Reducing Debt: 0HBQ's debt to equity ratio has increased from 48.9% to 77% over the past 5 years.
Debt Coverage: 0HBQ's debt is well covered by operating cash flow (38.1%).
Interest Coverage: 0HBQ earns more interest than it pays, so coverage of interest payments is not a concern.